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Nov 5, 2012
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the street.com's joe deaux joins us. one thing you may not be hearing late on election night is the m- word. mandate. it's tradition that the winners of an election claim to have the american people on their side. but if this election is as close as the polls predict, there will be no mandate for either side. darren gersh reports. >> reporter: unless all those polls are wrong and tomorrow brings a big surprise one way or another, this election will be the remembered as one of the closest in history. it could also end with both parties convinced the folks back home don't want them to compromise on key issues like taxes and fairness and the size of government. >> there is going to be enough room for both sides to claim that they have the mantle from the american public or that nobody does and i think that hurts the issues on the fiscal cliff. >> reporter: if the president prevails tomorrow, he will be one of the only incumbents to win re-election with fewer votes than he got in his first campaign for the white house. if ro
the street.com's joe deaux joins us. one thing you may not be hearing late on election night is the m- word. mandate. it's tradition that the winners of an election claim to have the american people on their side. but if this election is as close as the polls predict, there will be no mandate for either side. darren gersh reports. >> reporter: unless all those polls are wrong and tomorrow brings a big surprise one way or another, this election will be the remembered as one of the closest...
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Nov 8, 2012
11/12
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he joins us from the nasdaq. so nick, we began the show with another dire warning about the fiscal cliff and the threat of recession. now we just heard that substantial progress has been made with the european debt situation. are europe's troubles deeper than the u.s. here as we sit in the latter half of 2012? >> well, i would say that europe's problems are deep never many ways. unemployment in places like greece is reaching north of 25%, north of 58% for young people, so there are pockets of europe that are clearly much worse than the general u.s. economy. but i would say that the u.s. is quickly catching up. the issues of the fiscal cliff are serious and fairly immediate. >> tom: are they making substantial progress in your estimation toward avoiding that cliff like we just heard from the european central bank, the president in his explanation of what they think they have done if the last year? >> i think europe has certainly made some real progress. particularly in the last few months in putting a firewall in
he joins us from the nasdaq. so nick, we began the show with another dire warning about the fiscal cliff and the threat of recession. now we just heard that substantial progress has been made with the european debt situation. are europe's troubles deeper than the u.s. here as we sit in the latter half of 2012? >> well, i would say that europe's problems are deep never many ways. unemployment in places like greece is reaching north of 25%, north of 58% for young people, so there are...
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Nov 16, 2012
11/12
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you're making the rest of us look bad!" victor hugo said, initiative is doing the right thing without being told. are you ready? i'm lou heckler. >> susie: it's going to be a big that's "nightly business report" for friday, november 16. good night, tom and everyone. >> tom: goodnight, susie. we'll see you online at nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follows us on our facebook page at bizrpt. a on twititter @bizrpt. te captioning sponsored by macneil/lehrer productions >> woodruff: hamas militants fired rockets at jerusalem
you're making the rest of us look bad!" victor hugo said, initiative is doing the right thing without being told. are you ready? i'm lou heckler. >> susie: it's going to be a big that's "nightly business report" for friday, november 16. good night, tom and everyone. >> tom: goodnight, susie. we'll see you online at nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at...
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Nov 7, 2012
11/12
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we have this so-called fiscal cliff emergency that is before us. if that fails to be resolved, you'll see a level of contraction in all hands on deck activities. it will be very disturbing. >> suzanne: if there is no deal on this fiscal cliff, what does that mean for your business? >> i think it will be very, very damaging to a consumer discretionary business, and others similar to it. because you'll see an immediate reduction in economic activity, of the sort we have not run into since the arab oil embargo, where all of a sudden, on a precise moment, economic activity will slow very substantially. you can see a period where it begins to slow even in anticipation of that. i think for a business like ours, that people don't have to do, they're doing it out of discretionary monies, it will be very damaging. >> suzanne: congress is saying if there is no fiscal cliff, it could push the economy into a recession. how are you preparing for that? would that mean layoffs at caesar's? >> it will mean reduction in hours for our employees. we reduced in 2008,
we have this so-called fiscal cliff emergency that is before us. if that fails to be resolved, you'll see a level of contraction in all hands on deck activities. it will be very disturbing. >> suzanne: if there is no deal on this fiscal cliff, what does that mean for your business? >> i think it will be very, very damaging to a consumer discretionary business, and others similar to it. because you'll see an immediate reduction in economic activity, of the sort we have not run into...
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Nov 12, 2012
11/12
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tell us your thinking? >> well, small oil companies get bought out by big oil companies in places leak the marceleste shale are you seeing land prices rise in these places so if you are a small oil company or natural gatt company, buy land, buy some rigs, maybe get bought out by a big player. >> susie: we have less than a minute. let's go over the losers list. you mentioned there could be downside to fracking. you also talk about alternative energy companies could suffer. and defense contractors, you can give us a quick answer on that? >> well, it's difficult. when oil prices go up it's good for nuclear and solar and clean energy players. but when they go down which would happen if you get a lot more production in the u.s. it's bad for those players because people tend to go back to oil and using oil. as for the defense contractors, we're to the going to have to spend some of defending the middle east because we will not need those resources so much because we have it at home. >> you gave use lot of interes
tell us your thinking? >> well, small oil companies get bought out by big oil companies in places leak the marceleste shale are you seeing land prices rise in these places so if you are a small oil company or natural gatt company, buy land, buy some rigs, maybe get bought out by a big player. >> susie: we have less than a minute. let's go over the losers list. you mentioned there could be downside to fracking. you also talk about alternative energy companies could suffer. and...
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Nov 1, 2012
11/12
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we want to thank wnet here in new york for helping us. our new york bureau in lower manhattan has no power, and channel 13 has given us office space with computers, phones, and tvs so we can do our job covering the news. we also want to thank other colleagues who have come to the rescue, including the nasdaq, the new york stock exchange, thestreet.com, dow jones, and bloomberg. we appreciate everything you have been doing for us during these difficult days. thank you. have a great evening, everyone, and you too, tom. >> tom: good night, susie. we'll see you online at nbrcom, and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follow us on our facebook page at bizrpt. and on twitter @bizrpt.
we want to thank wnet here in new york for helping us. our new york bureau in lower manhattan has no power, and channel 13 has given us office space with computers, phones, and tvs so we can do our job covering the news. we also want to thank other colleagues who have come to the rescue, including the nasdaq, the new york stock exchange, thestreet.com, dow jones, and bloomberg. we appreciate everything you have been doing for us during these difficult days. thank you. have a great evening,...